(Reuters) - In exchange, Intel will get a 45.1 percent stake and a $432 million cash payment at close. STMicroelectronics will receive a 48.6 percent stake and a $468 million cash payment at close.
Francisco Partners L.P. plans to invest $150 million cash for convertible preferred stock representing a 6.3 percent stake in venture, subject to change in certain circumstances.
Read more at Reuters.com Mergers News
Francisco Partners L.P. plans to invest $150 million cash for convertible preferred stock representing a 6.3 percent stake in venture, subject to change in certain circumstances.
Read more at Reuters.com Mergers News
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